Corn weekly forecast

Anton Kolhanov Anton Kolhanov

Uptrend scenario

The uptrend may be expected to continue in case the market rises above resistance level 585, which will be followed by reaching resistance level 610.

Downtrend scenario

The downtrend may be expected to continue, while market is trading below resistance level 585, which will be followed by reaching support level 551.

Monthly forecast, June 2022

Uptrend scenario

The uptrend may be expected to continue in case the market rises above resistance level 574, which will be followed by reaching resistance level 620.

Downtrend scenario

An downtrend will start as soon, as the market drops below support level 524, which will be followed by moving down to support level 455.

Author

Anton Kolhanov

Anton Kolhanov is a trader and an analyst. He started to study the Forex market in 2003.

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